7 October 2024 | 0 replies
I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.

9 October 2024 | 10 replies
I had a project bite me in the butt because I wasn't more diligent in "checking in" on the contractor.If you need any help or additional advice, feel free to reach out I have helped a lot of my investor friends purchase properties in other counties in California.

9 October 2024 | 9 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.

8 October 2024 | 9 replies
Because of the missing pads, instead of getting to $4M, I could only get to $3.8M at the end of the project (loss of $200K).

8 October 2024 | 3 replies
They will want a a piece of the profit AND it could be very worth it on your first project.

20 October 2024 | 147 replies
Been looking into some fake grass for the project, pretty sweet stuff.

5 October 2024 | 3 replies
Helene dropped a massive tree on one my properties in Greenville SC.

7 October 2024 | 3 replies
( https://www.imdb.com/title/tt1613092/ ) on Netflix with a professor, Daniel Gilbert, from Harvard University.He and I got connected here on another buy-and-hold project but shared this approach, and it's got me wondering - could this model work here the U.S., especially in places where there's a push for sustainable and community-focused living?

9 October 2024 | 9 replies
Maybe you have some construction and project management background.

6 October 2024 | 1 reply
Is there anyone with ground up build experience that is interested in partnering up with us for a project in Davenport Iowa?